824 Torrance, Redondo Beach, CA 90277
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley



824 Torrance,Redondo Beach, CA 90277
$2,975,000
- - Beds
- - Baths
- 4,823 sq. ft.
- Multi-family
- Active
Listed by:chris barker
Office:yorkshire realty
MLS#:PW25124572
Source:CRMLS
Price summary
- Price:$2,975,000
- Price per sq. ft.:$616.84
About this home
This is a rare opportunity to acquire a flexible, mixed-used portfolio consisting of three contiguous parcels totaling 9,127 sq ft on a prime corner in South Redondo Beach. Located just blocks from the Redondo Beach pier and esplanade, the site is walkable to premier retail, dining, and entertainment options. 824-830 Torrance Blvd is a two-story mixed-use building with two commercial units on the first level and two residential units on the second level. 832 Torrance Blvd is a standalone oversized commercial structure currently used a media studio. 301 S Lucia Ave is a detached single-family residence with a private parking area and outdoor space. Three of the units are leased to long-term tenants on flexible, market-rate leases. The other three units can be delivered vacant. This property is ideal for investors seeking a 5% CAP rate from day one, owner-users desiring a live/work setup, or developers considering future repositioning under C2 zoning. Please see the attached Offering Memorandum for further details.
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Home facts
- Year built:1935
- Listing Id #:PW25124572
- Added:71 day(s) ago
- Updated:August 13, 2025 at 01:21 PM
Rooms and interior
- Living area:4,823 sq. ft.
Structure and exterior
- Year built:1935
- Building area:4,823 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,975,000
- Price per sq. ft.:$616.84
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